Creating a Reordering Rule

A name with incremental numbering as shown in the screenshot will be automatically populated, but you may change it.

Product

Select the product that this reordering rule applies on.

Minimum Quantity

If stock on hand falls below Minimum Quantity, a request for quotation will be created.

Maximum Quantity

System will purchase stock to replenish to Maximum Quantity or beyond.

Quantity Multiple

System will purchase stock in multiples of the quantity specified up to Maximum Quantity. Example: 5 will result system purchase in block of 5, 10, 15, 20 and so on. 13 will result system purchase in block of 13, 26, 39 and so on.

How the system will reorder depends on Minimum Quantity, Maximum Quantity and Quantity Multiple.

Example: as shown in the screenshot above:

Product: Paper

Minimum Quantity: 5

Maximum Quantity: 20

Quantity Multiple: 5

How does it work: If Paper stock on hand falls below 5, then upon run scheduler, this reordering rule will activate and create a request for quotation for Paper with quantity 15. Because Quantity Multiple is 5, thus purchase quantity is 5+5+5=15. If Quantity Multiple was 4, then purchase quantity would be 4+4+4+4=16, resulting stock on hand to be 21 eventually. Therefore, there is always a possibility that reordering rule will purchase more than Maximum Quantity.